Recent headlines proclaim that mortgage interest rates are at their lowest levels in 50 years. And you are wondering whether you should refinance your mortgage. It all depends on your current mortgage interest rate, your monthly payment, and the remaining amount of time on your current loan. It could be a great time to lower […]
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Mortgage Loan Basics
Understanding mortgage loan basics can help first-time borrowers get the right loan. This blog describes several loan features that you can vary and the pros and cons of doing so. This blog is the third of three for first-time homebuyers. The first one describes how much house you can afford. The second one describes things […]